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" Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas. "

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" You can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is. "

Jack Welch

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Management

" Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while. "

" Any jerk can have short-term earnings. You squeeze, squeeze, squeeze, and the company sinks five years later. "

" Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work. "

" One of the jobs of a manager is to instill confidence, pump confidence into your people. And when you've got somebody who's raring to go and you can smell it and feel it, give 'em that shot. "

" Control your own destiny or someone else will. "

" In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States. "

" Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business. "

" An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. "

" The story about GE that hasn't been told is the value of an informal place. I think it's a big thought. I don't think people have ever figured out that being informal is a big deal. "

" You've got to eat while you dream. You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. The success of doing both. Walking and chewing gum if you will. Getting it done in the short-range, and delivering a long-range plan, and executing on that. "

" I don't feel under-taxed in any way at all. "

" Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it. "

" You measure your people and you take action on those that don't measure up. "

Jack Welch

Your

You

" If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy. "

" Face reality as it is, not as it was or as you wish it to be. "

" My main job was developing talent. I was a gardener providing water and other nourishment to our top 750 people. Of course, I had to pull out some weeds, too. "

" A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message. "

" Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others. "

" Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. "

" Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs. "

" CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it. "

" If you have a reputation as a big, stiff bureaucracy, you're stuck. "

" Number one, cash is king... number two, communicate... number three, buy or bury the competition. "

" Don't manage - lead change before you have to. "

" You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand. "

" The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don't like to use the word efficiency. It's creativity. It's a belief that every person counts. "

" We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained? "

" Management is all about managing in the short term, while developing the plans for the long term. "

" Give me a highly successful unionized industry. "

Jack Welch

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